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20130101
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ABC
Dec 26, 2012 6:00pm PST
to meet tomorrow. the house, no plans to convene and no fiscal cliff negotiations have been scheduled. >> and taxpayers facing uncertainty as we head into the new year with the government on the edge of the fiscal cliff. >> for many of us, strategize might not apply this year. >> this is a different year, and there is unknown fate of two popular tax deductions for middle class. deductions for chairitable contribution asks and for home mortgages. when it comes to year end finances old rules may not add up this year. >> it's very difficult to do any type of tax planning and advising because nobody knows what is going to happen. >> much uncertainty centers around whether the united states is about to fall off that fiscal cliff. if that happens would it mean the end of the tear tax cuts. most believe taxes will go up next year. >> one of the things now is that people are advising people to get out of high dividend funds and move into tax exempt bonds that won't be taxed. >> the current negotiate yigs between the president and house speaker could mean the reduction of the general deduction
ABC
Dec 24, 2012 6:00pm PST
. people who make between $75,000 to $100,000 will pay almost double that. news about the fiscal cliff has not been good with the president and congress far apart. if they can't agree on a budget plan by january 1st, government spending cuts will increase automatically. market watchers worry that it will put the country into a recession. >> dan: annual toy drive is in full swing. there are not enough toys so far. so a plea is going out to lefty o'doul's at union square. that is where tomas ramon is live with the story tonight. >> reporter: i seek behind me there are firefighters here, they are collecting toys that people are driving by and dropping off. they collected 4600 toys so far. it's far less than 15,000 they were hoping to collect so they are asking people if they can't want to give a toy for christmas drive by and drop off a gift. six-year-old jordan young has new toy cars for christmas. he is one of three dozen children who are getting gifts early. 8-year-old appreciate yachts what is being done for her neighbors. >> it is great especially the kids that don't have things. >> repo
Search Results 0 to 1 of about 2